All Employees: Financial Activities: Finance and Insurance in North Carolina
SMS37000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
239.10
Year-over-Year Change
0.84%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in North Carolina. It provides valuable insights into the state's financial sector and its economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The All Employees: Financial Activities: Finance and Insurance in North Carolina series tracks the total number of individuals employed in the finance and insurance industry within the state. This metric is used by economists and policymakers to assess the health and growth of North Carolina's financial services sector.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by industry analysts and policymakers to understand the economic conditions and labor market dynamics in North Carolina's finance and insurance industry.
Key Facts
- North Carolina is a major financial hub in the Southeastern United States.
- The finance and insurance industry is a significant contributor to the state's GDP.
- Employment in this sector has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of North Carolina's financial services sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by industry analysts and policymakers to understand the economic conditions and labor market dynamics in North Carolina's finance and insurance industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in North Carolina (SMS37000005552000001), retrieved from FRED.